Shiba Inu’s price has increased by a healthy 3.5% over the last day, moving to $0.00000827. Although the currency has increased by 4% over the past 30 days, SHIB has decreased by 16% over the past week. Today’s surge represents a much-needed correction to recent negativity and overselling.

SHIB is currently outperforming the market, and if Shibarium’s re-launch is a success, it’s very probable that the cryptocurrency will increase even further.

From its current value of $0.00000827, it might drop to $0.0000090 in the coming week or two before scaling back up to $0.0000150 in the following month or two.